The hydrogen generation market is estimated to reach USD 226.37 billion by 2030 from an estimated value of USD 157.81 billion in 2025, at a CAGR of 7.5% during the forecast period. The hydrogen generation market is driven by increasing global efforts to decarbonize energy systems, the rising demand for clean fuel alternatives, and the expanding adoption of hydrogen across industrial, transportation, and power generation sectors. Supportive government policies, substantial investments in renewable energy, and advancements in electrolysis technology accelerate the market expansion. Additionally, the development of hydrogen infrastructure and growing focus on energy security and emission reduction further strengthen the market growth trajectory across major global regions.
“Green hydrogen segment is projected to record the highest CAGR between 2025 and 2030.”
The green hydrogen segment is expected to record the highest CAGR in the hydrogen generation market during the forecast period, driven by the global transition toward carbon neutrality and the urgent need to decarbonize hard-to-abate sectors. Supportive policy frameworks accelerate project development and commercialization, including tax incentives, subsidies, and national hydrogen strategies worldwide. Additionally, the growing demand for zero-emission fuels in applications such as fuel cell vehicles, power generation, and industrial feedstock positions green hydrogen as a key enabler of the global clean energy transition. Strategic partnerships, large-scale pilot projects, and ambitious decarbonization roadmaps continue to drive the green hydrogen segment worldwide.
“Coal gasification segment accounted for the second-largest market share in 2024.”
The coal gasification segment held the second-largest position in the hydrogen generation market in 2024, driven by its ability to produce hydrogen at scale using abundant domestic coal resources. In this process, coal is partially oxidized with air, oxygen, steam, or carbon dioxide to create a fuel gas. The resulting syngas, primarily composed of hydrogen, carbon monoxide, methane, carbon dioxide, and water vapor, is then utilized as an alternative to methane, piped natural gas, and other fuels for power generation and chemical feedstock production. Hydrogen derived from coal gasification serves critical roles in ammonia synthesis, chemical manufacturing, and supporting hydrogen economy initiatives. Key drivers for this segment include extensive coal reserves, established industrial infrastructure, and the strategic objective of reducing dependence on imported natural gas. Furthermore, technological advancements in gasification processes, including improved efficiency and integration with carbon capture and storage (CCS) systems, enhance the environmental performance of this technology.
“Asia Pacific is likely to be the largest region in the hydrogen generation market during the forecast period.”
Asia Pacific is poised to be the largest region in the hydrogen generation market during the forecast period, driven by strong government commitments to decarbonization, energy security, and industrial transformation. National hydrogen strategies in countries such as China, Japan, South Korea, and India accelerate investments in large-scale hydrogen production, particularly in green and blue hydrogen projects. Expanding renewable energy capacity, supportive policy frameworks, and strategic public-private partnerships fuel infrastructure development across the region. Additionally, the rapid growth of hydrogen applications in refining, chemicals, and mobility underscores its leadership.
Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information and assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1 - 65%, Tier 2 - 24%, and Tier 3 - 11%
By Designation: C-Level Executives - 30%, Managers - 25%, and Others - 45%
By Region: North America - 27%, Europe - 20%, Asia Pacific - 33%, South America - 12%, Middle East - 4% Africa - 4%
Note: Others include product engineers, product specialists, and engineering leads.
The tiers of the companies are defined based on their total revenues as of 2023. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: < USD 500 million
The hydrogen generation market is dominated by a few major players with a wide regional presence. Leading players in hydrogen generation market are Linde plc (Ireland), Air Liquide (France), Saudi Arabian Oil Co. (Saudi Arabia), Air Products and Chemicals, Inc. (US), Shell plc (UK), ENGIE (France), Chevron Corporation (US), Ørsted A/S (Denmark), Messer SE & Co. KGaA (Germany), Equinor ASA (Norway), Uniper SE (Germany), Exxon Mobil Corporation (US), and BP p.l.c. (UK).
Research Coverage:
The report defines, describes, and forecasts the hydrogen generation market by application, technology, source, and generation & delivery mode. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various key aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the hydrogen generation market.
Key Benefits of Buying the Report
• The global push toward decarbonization drives the hydrogen generation market, the growing demand for flexible clean energy solutions, and the need to reduce greenhouse gas emissions across key industrial and transport sectors. While green hydrogen is gaining momentum as a long-term sustainable solution, gray hydrogen currently dominates the market due to its cost-effectiveness, mature production technology, and ability to supply large volumes to meet immediate industrial needs. Supportive government policies, national hydrogen roadmaps, and emission reduction mandates drive investments across the entire hydrogen value chain, including improvements in carbon capture technologies that enable blue hydrogen development. Advancements in production efficiency, integration with existing industrial infrastructure, and the expansion of hydrogen mobility and energy storage applications further accelerate market growth.
• Product Development/ Innovation: The hydrogen generation market is centered on advancing efficiency, sustainability, and scalability through continuous innovation in production technologies and system designs. Companies invest in developing advanced electrolyzers with higher conversion efficiency and lower operational costs to accelerate green hydrogen adoption. Innovations in steam methane reforming (SMR) and coal gasification processes, including integration with carbon capture, utilization, and storage (CCUS) technologies, enhance the environmental performance of gray and blue hydrogen production. Modular and compact hydrogen generation units allow flexible deployment across industrial, mobility, and energy applications. Integration of digital technologies, such as IoT and advanced data analytics, enables real-time monitoring, predictive maintenance, and optimization of production processes. Material advancements focus on improving corrosion resistance, durability, and safety in hydrogen storage and handling systems. These technological developments are critical to strengthening the hydrogen supply infrastructure and supporting its broader role as a key enabler in the global clean energy transition.
• Market Development: In September 2023, Air Liquide invested USD 433 million to build its Normand’Hy electrolyzer with a capacity of 200 MW to decarbonize the Normandy industrial basin and mobility.
• Market Diversification: In July 2024, Air Products and Chemicals, Inc. entered a 15-year agreement with TotalEnergies to supply 70,000 tons of green hydrogen annually to TotalEnergies’ refineries and biorefineries in Northern Europe starting in 2030. This supply will help TotalEnergies replace fossil-based hydrogen, enabling a reduction of approximately 700,000 tonnes of CO₂ emissions per year. The deal supports TotalEnergies’ goal of cutting Scope 1 and 2 emissions by 40% by 2030 (vs. 2015 levels).
• Competitive Assessment: Assessment of rankings of some key players, including Linde plc (Ireland), Air Liquide (France), Saudi Arabian Oil Co. (Saudi Arabia), Air Products and Chemicals, Inc. (US), Shell plc (UK), and ENGIE (France).
圖表清單 List of Tables & Figures
TABLE 1 INCLUSIONS AND EXCLUSIONS 33
TABLE 2 LIST OF KEY SECONDARY SOURCES 38
TABLE 3 LIST OF PRIMARY INTERVIEW PARTICIPANTS 39
TABLE 4 KEY DATA FROM PRIMARY SOURCES 39
TABLE 5 HYDROGEN GENERATION MARKET: RISKS ANALYSIS 48
TABLE 6 HYDROGEN GENERATION MARKET SNAPSHOT 49
TABLE 7 PRICING RANGE OF HYDROGEN, BY TECHNOLOGY, 2024 (USD/TON) 65
TABLE 8 PRICING RANGE OF HYDROGEN, BY SOURCE, 2024 (USD/KG) 65
TABLE 9 ROLE OF COMPANIES IN HYDROGEN GENERATION ECOSYSTEM 67
TABLE 10 IMPORT DATA FOR HS CODE 280410-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2022 (USD THOUSAND) 69
TABLE 11 EXPORT DATA FOR HS CODE 280410, BY COUNTRY,
2022–2024 (USD THOUSAND) 70
TABLE 12 LIST OF CONFERENCES AND EVENTS, 2025–2026 73
TABLE 13 LIST OF MAJOR PATENTS, 2019–2024 75
TABLE 14 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 79
TABLE 15 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 80
TABLE 16 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 81
TABLE 17 MIDDLE EAST: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 81
TABLE 18 AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 82
TABLE 19 SOUTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 82
TABLE 20 IMPACT OF PORTER’S FIVE FORCES ANALYSIS 85
TABLE 21 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS(%) 87
TABLE 22 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS 88
TABLE 23 US-ADJUSTED RECIPROCAL TARIFF RATES 91
TABLE 24 EXPECTED CHANGE IN PRICES AND LIKELY IMPACT ON END-USE MARKETS DUE TO TARIFF IMPACT 92
TABLE 25 HYDROGEN GENERATION MARKET, BY TECHNOLOGY,
2020–2024 (THOUSAND METRIC TONS) 97
TABLE 26 HYDROGEN GENERATION MARKET, BY TECHNOLOGY,
2025–2030 (THOUSAND METRIC TONS) 98
TABLE 27 HYDROGEN GENERATION MARKET, BY TECHNOLOGY, 2020–2024 (USD MILLION) 98
TABLE 28 HYDROGEN GENERATION MARKET, BY TECHNOLOGY, 2025–2030 (USD MILLION) 98
TABLE 29 HYDROGEN GENERATION TECHNOLOGY COMPARISON 99
TABLE 30 ELECTROLYSIS TECHNOLOGY COMPARISON 103
TABLE 31 HYDROGEN GENERATION MARKET, BY SOURCE,
2020–2024 (THOUSAND METRIC TONS) 108
TABLE 32 HYDROGEN GENERATION MARKET, BY SOURCE,
2025–2030 (THOUSAND METRIC TONS) 108
TABLE 33 HYDROGEN GENERATION MARKET, BY SOURCE, 2020–2024 (USD MILLION) 109
TABLE 34 HYDROGEN GENERATION MARKET, BY SOURCE, 2025–2030 (USD MILLION) 109
TABLE 35 BLUE HYDROGEN: HYDROGEN GENERATION MARKET, BY REGION,
2020–2024 (THOUSAND METRIC TONS) 110
TABLE 36 BLUE HYDROGEN: HYDROGEN GENERATION MARKET, BY REGION,
2025–2030 (THOUSAND METRIC TONS) 110
TABLE 37 BLUE HYDROGEN: HYDROGEN GENERATION MARKET, BY REGION,
2020–2024 (USD MILLION) 111
TABLE 38 BLUE HYDROGEN: HYDROGEN GENERATION MARKET, BY REGION,
2025–2030 (USD MILLION) 111
TABLE 39 GRAY HYDROGEN: HYDROGEN GENERATION MARKET, BY REGION,
2020–2024 (THOUSAND METRIC TONS) 112
TABLE 40 GRAY HYDROGEN: HYDROGEN GENERATION MARKET, BY REGION,
2025–2030 (THOUSAND METRIC TONS) 112
TABLE 41 GRAY HYDROGEN: HYDROGEN GENERATION MARKET, BY REGION,
2020–2024 (USD MILLION) 113
TABLE 42 GRAY HYDROGEN: HYDROGEN GENERATION MARKET, BY REGION,
2025–2030 (USD MILLION) 113
TABLE 43 GREEN HYDROGEN: HYDROGEN GENERATION MARKET, BY REGION,
2020–2024 (THOUSAND METRIC TONS) 114
TABLE 44 GREEN HYDROGEN: HYDROGEN GENERATION MARKET, BY REGION,
2025–2030 (THOUSAND METRIC TONS) 114
TABLE 45 GREEN HYDROGEN: HYDROGEN GENERATION MARKET, BY REGION,
2020–2024 (USD MILLION) 115
TABLE 46 GREEN HYDROGEN: HYDROGEN GENERATION MARKET, BY REGION,
2025–2030 (USD MILLION) 115
TABLE 47 HYDROGEN GENERATION MARKET, BY GENERATION & DELIVERY MODE,
2020–2024 (THOUSAND METRIC TONS) 117
TABLE 48 HYDROGEN GENERATION MARKET, BY GENERATION & DELIVERY MODE,
2025–2030 (THOUSAND METRIC TONS) 118
TABLE 49 HYDROGEN GENERATION MARKET, BY GENERATION & DELIVERY MODE,
2020–2024 (USD MILLION) 118
TABLE 50 HYDROGEN GENERATION MARKET, BY GENERATION & DELIVERY MODE, 2025–2030 (USD MILLION) 118
TABLE 51 CAPTIVE: HYDROGEN GENERATION MARKET, BY REGION,
2020–2024 (THOUSAND METRIC TONS) 119
TABLE 52 CAPTIVE: HYDROGEN GENERATION MARKET, BY REGION,
2025–2030 (THOUSAND METRIC TONS) 119
TABLE 53 CAPTIVE: HYDROGEN GENERATION MARKET, BY REGION,
2020–2024 (USD MILLION) 120
TABLE 54 CAPTIVE: HYDROGEN GENERATION MARKET, BY REGION,
2025–2030 (USD MILLION) 120
TABLE 55 MERCHANT: HYDROGEN GENERATION MARKET, BY REGION,
2020–2024 (THOUSAND METRIC TONS) 121
TABLE 56 MERCHANT: HYDROGEN GENERATION MARKET, BY REGION,
2025–2030 (THOUSAND METRIC TONS) 121
TABLE 57 MERCHANT: HYDROGEN GENERATION MARKET, BY REGION,
2020–2024 (USD MILLION) 122
TABLE 58 MERCHANT: HYDROGEN GENERATION MARKET, BY REGION,
2025–2030 (USD MILLION) 122
TABLE 59 MERCHANT: HYDROGEN GENERATION MARKET, BY DELIVERY MODE,
2020–2024 (THOUSAND METRIC TONS) 123
TABLE 60 MERCHANT: HYDROGEN GENERATION MARKET, BY DELIVERY MODE,
2025–2030 (THOUSAND METRIC TONS) 123
TABLE 61 MERCHANT: HYDROGEN GENERATION MARKET, BY DELIVERY MODE,
2020–2024 (USD MILLION) 123
TABLE 62 MERCHANT: HYDROGEN GENERATION MARKET, BY DELIVERY MODE,
2025–2030 (USD MILLION) 124
TABLE 63 MERCHANT: HYDROGEN GENERATION MARKET, BY STATE,
2020–2024 (THOUSAND METRIC TONS) 126
TABLE 64 MERCHANT: HYDROGEN GENERATION MARKET, BY STATE,
2025–2030 (THOUSAND METRIC TONS) 126
TABLE 65 MERCHANT: HYDROGEN GENERATION MARKET FOR GAS, BY REGION,
2020–2024 (THOUSAND METRIC TONS) 127
TABLE 66 MERCHANT: HYDROGEN GENERATION MARKET FOR GAS, BY REGION,
2025–2030 (THOUSAND METRIC TONS) 127
TABLE 67 MERSCHANT: HYDROGEN GENERATION MARKET FOR LIQUID, BY REGION,
2020–2024 (THOUSAND METRIC TONS) 128
TABLE 68 MERCHANT: HYDROGEN GENERATION MARKET FOR LIQUID, BY REGION,
2025–2030 (THOUSAND METRIC TONS) 128
TABLE 69 HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (THOUSAND METRIC TONS) 131
TABLE 70 HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (THOUSAND METRIC TONS) 132
TABLE 71 HYDROGEN GENERATION MARKET, BY APPLICATION, 2020–2024 (USD MILLION) 132
TABLE 72 HYDROGEN GENERATION MARKET, BY APPLICATION, 2025–2030 (USD MILLION) 132
TABLE 73 PETROLEUM REFINERY: HYDROGEN GENERATION MARKET, BY REGION,
2020–2024 (THOUSAND METRIC TONS) 133
TABLE 74 PETROLEUM REFINERY: HYDROGEN GENERATION MARKET, BY REGION,
2025–2030 (THOUSAND METRIC TONS) 134
TABLE 75 PETROLEUM REFINERY: HYDROGEN GENERATION MARKET, BY REGION,
2020–2024 (USD MILLION) 134
TABLE 76 PETROLEUM REFINERY: HYDROGEN GENERATION MARKET, BY REGION,
2025–2030 (USD MILLION) 134
TABLE 77 AMMONIA PRODUCTION: HYDROGEN GENERATION MARKET, BY REGION,
2020–2024 (THOUSAND METRIC TONS) 135
TABLE 78 AMMONIA PRODUCTION: HYDROGEN GENERATION MARKET, BY REGION,
2025–2030 (THOUSAND METRIC TONS) 136
TABLE 79 AMMONIA PRODUCTION: HYDROGEN GENERATION MARKET, BY REGION,
2020–2024 (USD MILLION) 136
TABLE 80 AMMONIA PRODUCTION: HYDROGEN GENERATION MARKET, BY REGION,
2025–2030 (USD MILLION) 136
TABLE 81 METHANOL PRODUCTION: HYDROGEN GENERATION MARKET, BY REGION,
2020–2024 (THOUSAND METRIC TONS) 137
TABLE 82 METHANOL PRODUCTION: HYDROGEN GENERATION MARKET, BY REGION,
2025–2030 (THOUSAND METRIC TONS) 138
TABLE 83 METHANOL PRODUCTION: HYDROGEN GENERATION MARKET, BY REGION,
2020–2024 (USD MILLION) 138
TABLE 84 METHANOL PRODUCTION: HYDROGEN GENERATION MARKET, BY REGION,
2025–2030 (USD MILLION) 138
TABLE 85 TRANSPORTATION: HYDROGEN GENERATION MARKET, BY REGION,
2020–2024 (THOUSAND METRIC TONS) 139
TABLE 86 TRANSPORTATION: HYDROGEN GENERATION MARKET, BY REGION,
2025–2030 (THOUSAND METRIC TONS) 140
TABLE 87 TRANSPORTATION: HYDROGEN GENERATION MARKET, BY REGION,
2020–2024 (USD MILLION) 140
TABLE 88 TRANSPORTATION: HYDROGEN GENERATION MARKET, BY REGION,
2025–2030 (USD MILLION) 141
TABLE 89 POWER GENERATION: HYDROGEN GENERATION MARKET, BY REGION,
2020–2024 (THOUSAND METRIC TONS) 142
TABLE 90 POWER GENERATION: HYDROGEN GENERATION MARKET, BY REGION,
2025–2030 (THOUSAND METRIC TONS) 142
TABLE 91 POWER GENERATION: HYDROGEN GENERATION MARKET, BY REGION,
2020–2024 (USD MILLION) 143
TABLE 92 POWER GENERATION: HYDROGEN GENERATION MARKET, BY REGION,
2025–2030 (USD MILLION) 143
TABLE 93 OTHER APPLICATIONS: HYDROGEN GENERATION MARKET, BY REGION,
2020–2024 (THOUSAND METRIC TONS) 144
TABLE 94 OTHER APPLICATIONS: HYDROGEN GENERATION MARKET, BY REGION,
2025–2030 (THOUSAND METRIC TONS) 144
TABLE 95 OTHER APPLICATIONS: HYDROGEN GENERATION MARKET, BY REGION,
2020–2024 (USD MILLION) 145
TABLE 96 OTHER APPLICATIONS: HYDROGEN GENERATION MARKET, BY REGION,
2025–2030 (USD MILLION) 145
TABLE 97 HYDROGEN GENERATION MARKET, BY REGION,
2020–2024 (THOUSAND METRIC TONS) 148
TABLE 98 HYDROGEN GENERATION MARKET, BY REGION,
2025–2030 (THOUSAND METRIC TONS) 148
TABLE 99 HYDROGEN GENERATION MARKET, BY REGION, 2020–2024 (USD MILLION) 149
TABLE 100 HYDROGEN GENERATION MARKET, BY REGION, 2025–2030 (USD MILLION) 149
TABLE 101 NORTH AMERICA: HYDROGEN GENERATION MARKET, BY SOURCE,
2020–2024 (THOUSAND METRIC TONS) 151
TABLE 102 NORTH AMERICA: HYDROGEN GENERATION MARKET, BY SOURCE,
2025–2030 (THOUSAND METRIC TONS) 151
TABLE 103 NORTH AMERICA: HYDROGEN GENERATION MARKET, BY SOURCE,
2020–2024 (USD MILLION) 151
TABLE 104 NORTH AMERICA: HYDROGEN GENERATION MARKET, BY SOURCE,
2025–2030 (USD MILLION) 152
TABLE 105 NORTH AMERICA: HYDROGEN GENERATION MARKET, BY GENERATION & DELIVERY MODE, 2020–2024 (THOUSAND METRIC TONS) 152
TABLE 106 NORTH AMERICA: HYDROGEN GENERATION MARKET, BY GENERATION & DELIVERY MODE, 2025–2030 (THOUSAND METRIC TONS) 152
TABLE 107 NORTH AMERICA: HYDROGEN GENERATION MARKET, BY GENERATION & DELIVERY MODE, 2020–2024 (USD MILLION) 152
TABLE 108 NORTH AMERICA: HYDROGEN GENERATION MARKET, BY GENERATION & DELIVERY MODE, 2025–2030 (USD MILLION) 153
TABLE 109 NORTH AMERICA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (THOUSAND METRIC TONS) 153
TABLE 110 NORTH AMERICA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (THOUSAND METRIC TONS) 153
TABLE 111 NORTH AMERICA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (USD MILLION) 154
TABLE 112 NORTH AMERICA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (USD MILLION) 154
TABLE 113 NORTH AMERICA: HYDROGEN GENERATION MARKET, BY COUNTRY,
2020–2024 (THOUSAND METRIC TONS) 154
TABLE 114 NORTH AMERICA: HYDROGEN GENERATION MARKET, BY COUNTRY,
2025–2030 (THOUSAND METRIC TONS) 155
TABLE 115 NORTH AMERICA: HYDROGEN GENERATION MARKET, BY COUNTRY,
2020–2024 (USD MILLION) 155
TABLE 116 NORTH AMERICA: HYDROGEN GENERATION MARKET, BY COUNTRY,
2025–2030 (USD MILLION) 155
TABLE 117 US: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (THOUSAND METRIC TONS) 156
TABLE 118 US: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (THOUSAND METRIC TONS) 157
TABLE 119 US: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (USD MILLION) 157
TABLE 120 US: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (USD MILLION) 157
TABLE 121 CANADA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (THOUSAND METRIC TONS) 158
TABLE 122 CANADA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (THOUSAND METRIC TONS) 159
TABLE 123 CANADA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (USD MILLION) 159
TABLE 124 CANADA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (USD MILLION) 159
TABLE 125 MEXICO: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (THOUSAND METRIC TONS) 160
TABLE 126 MEXICO: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (THOUSAND METRIC TONS) 161
TABLE 127 MEXICO: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (USD MILLION) 161
TABLE 128 MEXICO: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (USD MILLION) 161
TABLE 129 ASIA PACIFIC: HYDROGEN GENERATION MARKET, BY SOURCE,
2020–2024 (THOUSAND METRIC TONS) 164
TABLE 130 ASIA PACIFIC: HYDROGEN GENERATION MARKET, BY SOURCE,
2025–2030 (THOUSAND METRIC TONS) 164
TABLE 131 ASIA PACIFIC: HYDROGEN GENERATION MARKET, BY SOURCE,
2020–2024 (USD MILLION) 164
TABLE 132 ASIA PACIFIC: HYDROGEN GENERATION MARKET, BY SOURCE,
2025–2030 (USD MILLION) 165
TABLE 133 ASIA PACIFIC: HYDROGEN GENERATION MARKET, BY GENERATION & DELIVERY MODE, 2020–2024 (THOUSAND METRIC TONS) 165
TABLE 134 ASIA PACIFIC: HYDROGEN GENERATION MARKET, BY GENERATION & DELIVERY MODE, 2025–2030 (THOUSAND METRIC TONS) 165
TABLE 135 ASIA PACIFIC: HYDROGEN GENERATION MARKET, BY GENERATION & DELIVERY MODE, 2020–2024 (USD MILLION) 165
TABLE 136 ASIA PACIFIC: HYDROGEN GENERATION MARKET, BY GENERATION & DELIVERY MODE, 2025–2030 (USD MILLION) 166
TABLE 137 ASIA PACIFIC: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (THOUSAND METRIC TONS) 166
TABLE 138 ASIA PACIFIC: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (THOUSAND METRIC TONS) 166
TABLE 139 ASIA PACIFIC: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (USD MILLION) 167
TABLE 140 ASIA PACIFIC: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (USD MILLION) 167
TABLE 141 ASIA PACIFIC: HYDROGEN GENERATION MARKET, BY COUNTRY,
2020–2024 (THOUSAND METRIC TONS) 167
TABLE 142 ASIA PACIFIC: HYDROGEN GENERATION MARKET, BY COUNTRY,
2025–2030 (THOUSAND METRIC TONS) 168
TABLE 143 ASIA PACIFIC: HYDROGEN GENERATION MARKET, BY COUNTRY,
2020–2024 (USD MILLION) 168
TABLE 144 ASIA PACIFIC: HYDROGEN GENERATION MARKET, BY COUNTRY,
2025–2030 (USD MILLION) 169
TABLE 145 JAPAN: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (THOUSAND METRIC TONS) 170
TABLE 146 JAPAN: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (THOUSAND METRIC TONS) 170
TABLE 147 JAPAN: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (USD MILLION) 170
TABLE 148 JAPAN: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (USD MILLION) 171
TABLE 149 CHINA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (THOUSAND METRIC TONS) 172
TABLE 150 CHINA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (THOUSAND METRIC TONS) 172
TABLE 151 CHINA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (USD MILLION) 172
TABLE 152 CHINA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (USD MILLION) 173
TABLE 153 INDIA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (THOUSAND METRIC TONS) 174
TABLE 154 INDIA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (THOUSAND METRIC TONS) 174
TABLE 155 INDIA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (USD MILLION) 174
TABLE 156 INDIA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (USD MILLION) 175
TABLE 157 AUSTRALIA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (THOUSAND METRIC TONS) 176
TABLE 158 AUSTRALIA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (THOUSAND METRIC TONS) 176
TABLE 159 AUSTRALIA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (USD MILLION) 177
TABLE 160 AUSTRALIA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (USD MILLION) 177
TABLE 161 SOUTH KOREA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (THOUSAND METRIC TONS) 178
TABLE 162 SOUTH KOREA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (THOUSAND METRIC TONS) 178
TABLE 163 SOUTH KOREA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (USD MILLION) 179
TABLE 164 SOUTH KOREA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (USD MILLION) 179
TABLE 165 REST OF ASIA PACIFIC: HYDROGEN GENERATION MARKET, BY APPLICATION, 2020–2024 (THOUSAND METRIC TONS) 180
TABLE 166 REST OF ASIA PACIFIC: HYDROGEN GENERATION MARKET, BY APPLICATION, 2025–2030 (THOUSAND METRIC TONS) 180
TABLE 167 REST OF ASIA PACIFIC: HYDROGEN GENERATION MARKET, BY APPLICATION, 2020–2024 (USD MILLION) 181
TABLE 168 REST OF ASIA PACIFIC: HYDROGEN GENERATION MARKET, BY APPLICATION, 2025–2030 (USD MILLION) 181
TABLE 169 EUROPE: HYDROGEN GENERATION MARKET, BY SOURCE,
2020–2024 (THOUSAND METRIC TONS) 182
TABLE 170 EUROPE: HYDROGEN GENERATION MARKET, BY SOURCE,
2025–2030 (THOUSAND METRIC TONS) 182
TABLE 171 EUROPE: HYDROGEN GENERATION MARKET, BY SOURCE,
2020–2024 (USD MILLION) 182
TABLE 172 EUROPE: HYDROGEN GENERATION MARKET, BY SOURCE,
2025–2030 (USD MILLION) 182
TABLE 173 EUROPE: HYDROGEN GENERATION MARKET, BY GENERATION & DELIVERY MODE, 2020–2024 (THOUSAND METRIC TONS) 183
TABLE 174 EUROPE: HYDROGEN GENERATION MARKET, BY GENERATION & DELIVERY MODE, 2025–2030 (THOUSAND METRIC TONS) 183
TABLE 175 EUROPE: HYDROGEN GENERATION MARKET, BY GENERATION & DELIVERY MODE, 2020–2024 (USD MILLION) 183
TABLE 176 EUROPE: HYDROGEN GENERATION MARKET, BY GENERATION & DELIVERY MODE, 2025–2030 (USD MILLION) 183
TABLE 177 EUROPE: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (THOUSAND METRIC TONS) 184
TABLE 178 EUROPE: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (THOUSAND METRIC TONS) 184
TABLE 179 EUROPE: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (USD MILLION) 184
TABLE 180 EUROPE: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (USD MILLION) 185
TABLE 181 EUROPE: HYDROGEN GENERATION MARKET, BY COUNTRY,
2020–2024 (THOUSAND METRIC TONS) 185
TABLE 182 EUROPE: HYDROGEN GENERATION MARKET, BY COUNTRY,
2025–2030 (THOUSAND METRIC TONS) 185
TABLE 183 EUROPE: HYDROGEN GENERATION MARKET, BY COUNTRY,
2020–2024 (USD MILLION) 186
TABLE 184 EUROPE: HYDROGEN GENERATION MARKET, BY COUNTRY,
2025–2030 (USD MILLION) 186
TABLE 185 GERMANY: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (THOUSAND METRIC TONS) 187
TABLE 186 GERMANY: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (THOUSAND METRIC TONS) 187
TABLE 187 GERMANY: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (USD MILLION) 188
TABLE 188 GERMANY: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (USD MILLION) 188
TABLE 189 UK: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (THOUSAND METRIC TONS) 189
TABLE 190 UK: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (THOUSAND METRIC TONS) 189
TABLE 191 UK: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (USD MILLION) 190
TABLE 192 UK: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (USD MILLION) 190
TABLE 193 FRANCE: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (THOUSAND METRIC TONS) 191
TABLE 194 FRANCE: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (THOUSAND METRIC TONS) 191
TABLE 195 FRANCE: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (USD MILLION) 192
TABLE 196 FRANCE: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (USD MILLION) 192
TABLE 197 RUSSIA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (THOUSAND METRIC TONS) 193
TABLE 198 RUSSIA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (THOUSAND METRIC TONS) 193
TABLE 199 RUSSIA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (USD MILLION) 194
TABLE 200 RUSSIA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (USD MILLION) 194
TABLE 201 REST OF EUROPE: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (THOUSAND METRIC TONS) 195
TABLE 202 REST OF EUROPE: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (THOUSAND METRIC TONS) 195
TABLE 203 REST OF EUROPE: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (USD MILLION) 196
TABLE 204 REST OF EUROPE: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (USD MILLION) 196
TABLE 205 SOUTH AMERICA: HYDROGEN GENERATION MARKET, BY SOURCE,
2020–2024 (THOUSAND METRIC TONS) 197
TABLE 206 SOUTH AMERICA: HYDROGEN GENERATION MARKET, BY SOURCE,
2025–2030 (THOUSAND METRIC TONS) 197
TABLE 207 SOUTH AMERICA: HYDROGEN GENERATION MARKET, BY SOURCE,
2020–2024 (USD MILLION) 197
TABLE 208 SOUTH AMERICA: HYDROGEN GENERATION MARKET, BY SOURCE,
2025–2030 (USD MILLION) 198
TABLE 209 SOUTH AMERICA: HYDROGEN GENERATION MARKET, BY GENERATION & DELIVERY MODE, 2020–2024 (THOUSAND METRIC TONS) 198
TABLE 210 SOUTH AMERICA: HYDROGEN GENERATION MARKET, BY GENERATION & DELIVERY MODE, 2025–2030 (THOUSAND METRIC TONS) 198
TABLE 211 SOUTH AMERICA: HYDROGEN GENERATION MARKET, BY GENERATION & DELIVERY MODE, 2020–2024 (USD MILLION) 198
TABLE 212 SOUTH AMERICA: HYDROGEN GENERATION MARKET, BY GENERATION & DELIVERY MODE, 2025–2030 (USD MILLION) 199
TABLE 213 SOUTH AMERICA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (THOUSAND METRIC TONS) 199
TABLE 214 SOUTH AMERICA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (THOUSAND METRIC TONS) 199
TABLE 215 SOUTH AMERICA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (USD MILLION) 200
TABLE 216 SOUTH AMERICA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (USD MILLION) 200
TABLE 217 SOUTH AMERICA: HYDROGEN GENERATION MARKET, BY COUNTRY,
2020–2024 (THOUSAND METRIC TONS) 200
TABLE 218 SOUTH AMERICA: HYDROGEN GENERATION MARKET, BY COUNTRY,
2025–2030 (THOUSAND METRIC TONS) 201
TABLE 219 SOUTH AMERICA: HYDROGEN GENERATION MARKET, BY COUNTRY,
2020–2024 (USD MILLION) 201
TABLE 220 SOUTH AMERICA: HYDROGEN GENERATION MARKET, BY COUNTRY,
2025–2030 (USD MILLION) 201
TABLE 221 BRAZIL: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (THOUSAND METRIC TONS) 202
TABLE 222 BRAZIL: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (THOUSAND METRIC TONS) 203
TABLE 223 BRAZIL: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (USD MILLION) 203
TABLE 224 BRAZIL: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (USD MILLION) 204
TABLE 225 ARGENTINA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (THOUSAND METRIC TONS) 204
TABLE 226 ARGENTINA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (THOUSAND METRIC TONS) 205
TABLE 227 ARGENTINA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (USD MILLION) 205
TABLE 228 ARGENTINA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (USD MILLION) 206
TABLE 229 REST OF SOUTH AMERICA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2020–2024 (THOUSAND METRIC TONS) 206
TABLE 230 REST OF SOUTH AMERICA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2025–2030 (THOUSAND METRIC TONS) 207
TABLE 231 REST OF SOUTH AMERICA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2020–2024 (USD MILLION) 207
TABLE 232 REST OF SOUTH AMERICA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2025–2030 (USD MILLION) 208
TABLE 233 MIDDLE EAST: HYDROGEN GENERATION MARKET, BY SOURCE,
2020–2024 (THOUSAND METRIC TONS) 208
TABLE 234 MIDDLE EAST: HYDROGEN GENERATION MARKET, BY SOURCE,
2025–2030 (THOUSAND METRIC TONS) 209
TABLE 235 MIDDLE EAST: HYDROGEN GENERATION MARKET, BY SOURCE,
2020–2024 (USD MILLION) 209
TABLE 236 MIDDLE EAST: HYDROGEN GENERATION MARKET, BY SOURCE,
2025–2030 (USD MILLION) 209
TABLE 237 MIDDLE EAST: HYDROGEN GENERATION MARKET, BY GENERATION & DELIVERY MODE, 2020–2024 (THOUSAND METRIC TONS) 210
TABLE 238 MIDDLE EAST: HYDROGEN GENERATION MARKET, BY GENERATION & DELIVERY MODE, 2025–2030 (THOUSAND METRIC TONS) 210
TABLE 239 MIDDLE EAST: HYDROGEN GENERATION MARKET, BY GENERATION & DELIVERY MODE, 2020–2024 (USD MILLION) 210
TABLE 240 MIDDLE EAST: HYDROGEN GENERATION MARKET, BY GENERATION & DELIVERY MODE, 2025–2030 (USD MILLION) 210
TABLE 241 MIDDLE EAST: HYDROGEN GENERATION MARKET, BY APPLICATION, 2020–2024 (THOUSAND METRIC TONS) 211
TABLE 242 MIDDLE EAST: HYDROGEN GENERATION MARKET, BY APPLICATION, 2025–2030 (THOUSAND METRIC TONS) 211
TABLE 243 MIDDLE EAST: HYDROGEN GENERATION MARKET, BY APPLICATION, 2020–2024 (USD MILLION) 211
TABLE 244 MIDDLE EAST: HYDROGEN GENERATION MARKET, BY APPLICATION, 2025–2030 (USD MILLION) 212
TABLE 245 MIDDLE EAST: HYDROGEN GENERATION MARKET, BY COUNTRY, 2020–2024 (THOUSAND METRIC TONS) 212
TABLE 246 MIDDLE EAST: HYDROGEN GENERATION MARKET, BY COUNTRY, 2025–2030 (THOUSAND METRIC TONS) 212
TABLE 247 MIDDLE EAST: HYDROGEN GENERATION MARKET, BY COUNTRY,
2020–2024 (USD MILLION) 213
TABLE 248 MIDDLE EAST: HYDROGEN GENERATION MARKET, BY COUNTRY,
2025–2030 (USD MILLION) 213
TABLE 249 SAUDI ARABIA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2020–2024 (THOUSAND METRIC TONS) 214
TABLE 250 SAUDI ARABIA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2025–2030 (THOUSAND METRIC TONS) 215
TABLE 251 SAUDI ARABIA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2020–2024 (USD MILLION) 215
TABLE 252 SAUDI ARABIA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2025–2030 (USD MILLION) 216
TABLE 253 QATAR: HYDROGEN GENERATION MARKET, BY APPLICATION, 2020–2024 (THOUSAND METRIC TONS) 216
TABLE 254 QATAR: HYDROGEN GENERATION MARKET, BY APPLICATION, 2025–2030 (THOUSAND METRIC TONS) 217
TABLE 255 QATAR: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (USD MILLION) 217
TABLE 256 QATAR: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (USD MILLION) 217
TABLE 257 UAE: HYDROGEN GENERATION MARKET, BY APPLICATION, 2020–2024 (THOUSAND METRIC TONS) 218
TABLE 258 UAE: HYDROGEN GENERATION MARKET, BY APPLICATION, 2025–2030 (THOUSAND METRIC TONS) 218
TABLE 259 UAE: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (USD MILLION) 219
TABLE 260 UAE: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (USD MILLION) 219
TABLE 261 IRAN: HYDROGEN GENERATION MARKET, BY APPLICATION, 2020–2024 (THOUSAND METRIC TONS) 220
TABLE 262 IRAN: HYDROGEN GENERATION MARKET, BY APPLICATION, 2025–2030 (THOUSAND METRIC TONS) 220
TABLE 263 IRAN: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (USD MILLION) 221
TABLE 264 IRAN: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (USD MILLION) 221
TABLE 265 REST OF MIDDLE EAST: HYDROGEN GENERATION MARKET, BY APPLICATION, 2020–2024 (THOUSAND METRIC TONS) 222
TABLE 266 REST OF MIDDLE EAST: HYDROGEN GENERATION MARKET, BY APPLICATION, 2025–2030 (THOUSAND METRIC TONS) 222
TABLE 267 REST OF MIDDLE EAST: HYDROGEN GENERATION MARKET, BY APPLICATION, 2020–2024 (USD MILLION) 223
TABLE 268 REST OF MIDDLE EAST: HYDROGEN GENERATION MARKET, BY APPLICATION, 2025–2030 (USD MILLION) 223
TABLE 269 AFRICA: HYDROGEN GENERATION MARKET, BY SOURCE,
2025–2030 (THOUSAND METRIC TONS) 224
TABLE 270 AFRICA: HYDROGEN GENERATION MARKET, BY SOURCE,
2020–2024 (USD MILLION) 224
TABLE 271 AFRICA: HYDROGEN GENERATION MARKET, BY SOURCE,
2025–2030 (USD MILLION) 224
TABLE 272 AFRICA: HYDROGEN GENERATION MARKET, BY GENERATION & DELIVERY MODE, 2020–2024 (THOUSAND METRIC TONS) 224
TABLE 273 AFRICA: HYDROGEN GENERATION MARKET, BY GENERATION & DELIVERY MODE, 2025–2030 (THOUSAND METRIC TONS) 225
TABLE 274 AFRICA: HYDROGEN GENERATION MARKET, BY GENERATION & DELIVERY MODE, 2020–2024 (USD MILLION) 225
TABLE 275 AFRICA: HYDROGEN GENERATION MARKET, BY GENERATION & DELIVERY MODE, 2025–2030 (USD MILLION) 225
TABLE 276 AFRICA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (THOUSAND METRIC TONS) 226
TABLE 277 AFRICA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (THOUSAND METRIC TONS) 226
TABLE 278 AFRICA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (USD MILLION) 227
TABLE 279 AFRICA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (USD MILLION) 227
TABLE 280 AFRICA: HYDROGEN GENERATION MARKET, BY COUNTRY, 2020–2024 (THOUSAND METRIC TONS) 227
TABLE 281 AFRICA: HYDROGEN GENERATION MARKET, BY COUNTRY, 2025–2030 (THOUSAND METRIC TONS) 228
TABLE 282 AFRICA: HYDROGEN GENERATION MARKET, BY COUNTRY,
2020–2024 (USD MILLION) 228
TABLE 283 AFRICA: HYDROGEN GENERATION MARKET, BY COUNTRY,
2025–2030 (USD MILLION) 228
TABLE 284 SOUTH AFRICA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2020–2024 (THOUSAND METRIC TONS) 229
TABLE 285 SOUTH AFRICA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2025–2030 (THOUSAND METRIC TONS) 229
TABLE 286 SOUTH AFRICA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2020–2024 (USD MILLION) 230
TABLE 287 SOUTH AFRICA: HYDROGEN GENERATION MARKET, BY APPLICATION, 2025–2030 (USD MILLION) 230
TABLE 288 REST OF AFRICA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (THOUSAND METRIC TONS) 231
TABLE 289 REST OF AFRICA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (THOUSAND METRIC TONS) 231
TABLE 290 REST OF AFRICA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2020–2024 (USD MILLION) 232
TABLE 291 REST OF AFRICA: HYDROGEN GENERATION MARKET, BY APPLICATION,
2025–2030 (USD MILLION) 232
TABLE 292 HYDROGEN GENERATION MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, JANUARY 2020–JULY 2025 233
TABLE 293 HYDROGEN GENERATION MARKET: DEGREE OF COMPETITION, 2024 235
TABLE 294 HYDROGEN GENERATION MARKET: REGION FOOTPRINT 245
TABLE 295 HYDROGEN GENERATION MARKET: SOURCE FOOTPRINT 246
TABLE 296 HYDROGEN GENERATION MARKET: APPLICATION FOOTPRINT 247
TABLE 297 HYDROGEN GENERATION MARKET: TECHNOLOGY FOOTPRINT 248
TABLE 298 HYDROGEN GENERATION MARKET: DETAILED LIST OF KEY STARTUPS/SMES 251
TABLE 299 HYDROGEN GENERATION MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 252
TABLE 300 HYDROGEN GENERATION MARKET: PRODUCT LAUNCHES,
JANUARY 2020–JULY 2025 252
TABLE 301 HYDROGEN GENERATION MARKET: DEALS, JANUARY 2020–JULY 2025 253
TABLE 302 HYDROGEN GENERATION MARKET: EXPANSIONS, JANUARY 2020–JULY 2025 254
TABLE 303 HYDROGEN GENERATION MARKET: OTHER DEVELOPMENTS,
JANUARY 2020–JULY 2025 255
TABLE 304 LINDE PLC: COMPANY OVERVIEW 256
TABLE 305 LINDE PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 257
TABLE 306 LINDE PLC: DEALS 258
TABLE 307 LINDE PLC: EXPANSIONS 260
TABLE 308 AIR LIQUIDE: COMPANY OVERVIEW 262
TABLE 309 AIR LIQUIDE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 263
TABLE 310 AIR LIQUIDE: DEALS 264
TABLE 311 AIR LIQUIDE: EXPANSIONS 266
TABLE 312 AIR LIQUIDE: OTHER DEVELOPMENTS 266
TABLE 313 SAUDI ARABIAN OIL CO.: COMPANY OVERVIEW 268
TABLE 314 SAUDI ARABIAN OIL CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 269
TABLE 315 SAUDI ARABIAN OIL CO.: DEALS 270
TABLE 316 SAUDI ARABIAN OIL CO.: EXPANSIONS 270
TABLE 317 AIR PRODUCTS AND CHEMICALS, INC.: COMPANY OVERVIEW 272
TABLE 318 AIR PRODUCTS AND CHEMICALS, INC.:
PRODUCTS/SOLUTIONS/SERVICES OFFERED 273
TABLE 319 AIR PRODUCTS AND CHEMICALS, INC.: DEALS 274
TABLE 320 AIR PRODUCTS AND CHEMICALS, INC.: OTHER DEVELOPMENTS 276
TABLE 321 SHELL PLC: COMPANY OVERVIEW 278
TABLE 322 SHELL PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 279
TABLE 323 SHELL PLC: DEALS 280
TABLE 324 SHELL PLC: EXPANSIONS 280
TABLE 325 SHELL PLC: OTHER DEVELOPMENTS 281
TABLE 326 ENGIE: COMPANY OVERVIEW 282
TABLE 327 ENGIE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 283
TABLE 328 ENGIE: DEALS 284
TABLE 329 CHEVRON CORPORATION: COMPANY OVERVIEW 285
TABLE 330 CHEVRON CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 286
TABLE 331 CHEVRON CORPORATION: DEALS 287
TABLE 332 ØRSTED A/S: COMPANY OVERVIEW 289
TABLE 333 ØRSTED A/S: PRODUCTS/SOLUTIONS/SERVICES OFFERED 290
TABLE 334 ØRSTED A/S: DEALS 291
TABLE 335 ØRSTED A/S: EXPANSIONS 291
TABLE 336 MESSER SE & CO. KGAA: COMPANY OVERVIEW 292
TABLE 337 MESSER SE & CO. KGAA: PRODUCTS/SOLUTIONS/SERVICES OFFERED 293
TABLE 338 MESSER SE & CO. KGAA: DEALS 294
TABLE 339 EQUINOR ASA: COMPANY OVERVIEW 295
TABLE 340 EQUINOR ASA: PRODUCTS/SOLUTIONS/SERVICES OFFERED 296
TABLE 341 EQUINOR ASA: PRODUCT LAUNCHES 297
TABLE 342 EQUINOR ASA: DEALS 297
TABLE 343 UNIPER SE: COMPANY OVERVIEW 298
TABLE 344 UNIPER SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 299
TABLE 345 UNIPER SE: DEALS 300
TABLE 346 UNIPER SE: OTHER DEVELOPMENTS 302
TABLE 347 EXXON MOBIL CORPORATION: COMPANY OVERVIEW 303
TABLE 348 EXXON MOBIL CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 304
TABLE 349 EXXON MOBIL CORPORATION: DEALS 305
TABLE 350 BP P.L.C.: COMPANY OVERVIEW 306
TABLE 351 BP P.L.C.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 307
TABLE 352 BP P.L.C.: DEALS 308
TABLE 353 BP P.L.C.: OTHERS DEVELOPMENTS 309
TABLE 354 IWATANI CORPORATION: COMPANY OVERVIEW 310
TABLE 355 IWATANI CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 311
TABLE 356 IWATANI CORPORATION: DEALS 312
TABLE 357 IWATANI CORPORATION: EXPANSIONS 312
TABLE 358 PETROLIAM NASIONAL BERHAD (PETRONAS): COMPANY OVERVIEW 313
TABLE 359 PETROLIAM NASIONAL BERHAD (PETRONAS): PRODUCTS/SOLUTIONS/SERVICES OFFERED 314
TABLE 360 PETROLIAM NASIONAL BERHAD (PETRONAS): DEALS 314
TABLE 361 PETROLIAM NASIONAL BERHAD (PETRONAS): OTHER DEVELOPMENTS 315
TABLE 362 IBERDROLA, S.A.: COMPANY OVERVIEW 316
TABLE 363 IBERDROLA, S.A.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 317
TABLE 364 IBERDROLA, S.A.: DEALS 318
TABLE 365 IBERDROLA, S.A.: OTHER DEVELOPMENTS 320
TABLE 366 PLUG POWER INC.: COMPANY OVERVIEW 321
TABLE 367 REPSOL: COMPANY OVERVIEW 322
TABLE 368 AKER ASA: COMPANY OVERVIEW 323
TABLE 369 RELIANCE INDUSTRIES LIMITED: COMPANY OVERVIEW 324
TABLE 370 MATHESON TRI-GAS, INC.: COMPANY OVERVIEW 325
TABLE 371 LHYFE: COMPANY OVERVIEW 326
TABLE 372 HIRINGA ENERGY LTD: COMPANY OVERVIEW 327
TABLE 373 BAYOTECH: COMPANY OVERVIEW 327
TABLE 374 HYGEAR: COMPANY OVERVIEW 328
FIGURE 1 HYDROGEN GENERATION MARKET SEGMENTATION AND REGIONAL SCOPE 32
FIGURE 2 HYDROGEN GENERATION MARKET: RESEARCH DESIGN 37
FIGURE 3 KEY DATA FROM SECONDARY SOURCES 38
FIGURE 4 KEY INDUSTRY INSIGHTS 40
FIGURE 5 BREAKDOWN OF PRIMARIES 41
FIGURE 6 HYDROGEN GENERATION MARKET: BOTTOM-UP APPROACH 42
FIGURE 7 HYDROGEN GENERATION MARKET: TOP-DOWN APPROACH 43
FIGURE 8 HYDROGEN GENERATION MARKET: DEMAND-SIDE ANALYSIS 43
FIGURE 9 KEY METRICS CONSIDERED TO ANALYZE DEMAND
FOR HYDROGEN GENERATION SOLUTIONS 44
FIGURE 10 KEY METRICS CONSIDERED TO ANALYZE SUPPLY OF
HYDROGEN GENERATION SOLUTIONS 45
FIGURE 11 HYDROGEN GENERATION MARKET: SUPPLY-SIDE ANALYSIS 46
FIGURE 12 HYDROGEN GENERATION MARKET: DATA TRIANGULATION 47
FIGURE 13 HYDROGEN GENERATION MARKET: RESEARCH LIMITATIONS 48
FIGURE 14 ASIA PACIFIC HELD LARGEST SHARE OF
HYDROGEN GENERATION MARKET IN 2024 50
FIGURE 15 PETROLEUM REFINERY SEGMENT TO DOMINATE HYDROGEN GENERATION MARKET DURING FORECAST PERIOD 51
FIGURE 16 GRAY HYDROGEN SEGMENT TO ACCOUNT FOR LARGEST SHARE OF HYDROGEN GENERATION MARKET IN 2030 51
FIGURE 17 STEAM METHANE REFORMING (SMR) SEGMENT TO HOLD LARGEST SHARE OF HYDROGEN GENERATION MARKET IN 2030 52
FIGURE 18 MERCHANT SEGMENT TO EXHIBIT HIGHER CAGR BETWEEN 2025 AND 2030 52
FIGURE 19 RISING FOCUS ON CURBING GREENHOUSE GAS EMISSIONS FROM HYDROGEN PRODUCTION PROCESSES TO CONTRIBUTE TO MARKET GROWTH 54
FIGURE 20 ASIA PACIFIC HYDROGEN GENERATION MARKET TO RECORD HIGHEST CAGR FROM 2025 TO 2030 55
FIGURE 21 CAPTIVE SEGMENT AND CHINA HELD LARGEST SHARES OF ASIA PACIFIC HYDROGEN GENERATION MARKET IN 2024 55
FIGURE 22 STEAM METHANE REFORMING (SMR) SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2030 56
FIGURE 23 GRAY HYDROGEN SEGMENT HELD LARGEST SHARE OF HYDROGEN GENERATION MARKET IN 2030 56
FIGURE 24 CAPTIVE SEGMENT CAPTURED LARGEST SHARE OF HYDROGEN GENERATION MARKET IN 2030 57
FIGURE 25 PETROLEUM REFINERY SEGMENT HELD LARGEST MARKET SHARE IN 2030 57
FIGURE 26 MARKET DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 58
FIGURE 27 GLOBAL GREENHOUSE GAS EMISSIONS, BY SECTOR, 2023 59
FIGURE 28 AMMONIA DEMAND STRUCTURE, 2024 61
FIGURE 29 CUMULATIVE EMISSION REDUCTION, BY MITIGATION MEASURE, 2021–2050 62
FIGURE 30 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 64
FIGURE 31 SUPPLY CHAIN ANALYSIS 65
FIGURE 32 HYDROGEN GENERATION ECOSYSTEM 66
FIGURE 33 IMPORT DATA FOR HS CODE 280410-COMPLIANT PRODUCTS FOR TOP FIVE COUNTRIES, 2022–2024 68
FIGURE 34 EXPORT DATA FOR HS CODE 280410-COMPLIANT PRODUCTS FOR TOP FIVE COUNTRIES, 2022–2024 69
FIGURE 35 PATENTS APPLIED AND GRANTED, 2014–2024 74
FIGURE 36 PORTER’S FIVE FORCES ANALYSIS 85
FIGURE 37 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS 87
FIGURE 38 BUYING CRITERIA FOR TOP THREE APPLICATIONS 87
FIGURE 39 IMPACT OF AI/GENERATIVE AI, BY APPLICATION 89
FIGURE 40 STEAM METHANE REFORMING (SMR) SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2024 97
FIGURE 41 GRAY HYDROGEN SEGMENT HELD LARGEST MARKET SHARE IN 2024 108
FIGURE 42 CAPTIVE SEGMENT HELD LARGER SHARE OF
HYDROGEN GENERATION MARKET IN 2024 117
FIGURE 43 PETROLEUM REFINERY SEGMENT CAPTURED LARGEST MARKET SHARE IN 2024 131
FIGURE 44 ASIA PACIFIC TO EXHIBIT HIGHEST CAGR IN HYDROGEN GENERATION MARKET FROM 2025 TO 2030 147
FIGURE 45 ASIA PACIFIC TO HOLD LARGEST SHARE OF
HYDROGEN GENERATION MARKET IN 2024 148
FIGURE 46 NORTH AMERICA: HYDROGEN GENERATION MARKET SNAPSHOT 150
FIGURE 47 ASIA PACIFIC: HYDROGEN GENERATION MARKET SNAPSHOT 163
FIGURE 48 MARKET SHARE ANALYSIS OF COMPANIES OFFERING HYDROGEN GENERATION TECHNOLOGIES, 2024 236
FIGURE 49 HYDROGEN GENERATION MARKET: REVENUE ANALYSIS OF FOUR KEY PLAYERS, 2020–2024 238
FIGURE 50 COMPANY VALUATION 239
FIGURE 51 FINANCIAL METRICS (EV/EBITDA) 239
FIGURE 52 PRODUCT COMPARISON 240
FIGURE 53 HYDROGEN GENERATION MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2024 242
FIGURE 54 HYDROGEN GENERATION MARKET: MARKET FOOTPRINT 243
FIGURE 55 HYDROGEN GENERATION MARKET: COMPANY FOOTPRINT 244
FIGURE 56 HYDROGEN GENERATION MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2024 250
FIGURE 57 LINDE PLC: COMPANY SNAPSHOT 257
FIGURE 58 AIR LIQUIDE: COMPANY SNAPSHOT 263
FIGURE 59 SAUDI ARABIAN OIL CO.: COMPANY SNAPSHOT 269
FIGURE 60 AIR PRODUCTS AND CHEMICALS, INC.: COMPANY SNAPSHOT 273
FIGURE 61 SHELL PLC: COMPANY SNAPSHOT 279
FIGURE 62 ENGIE: COMPANY SNAPSHOT 283
FIGURE 63 CHEVRON CORPORATION: COMPANY SNAPSHOT 286
FIGURE 64 ØRSTED A/S: COMPANY SNAPSHOT 290
FIGURE 65 MESSER SE & CO. KGAA: COMPANY SNAPSHOT 293
FIGURE 66 EQUINOR ASA: COMPANY SNAPSHOT 296
FIGURE 67 UNIPER SE: COMPANY SNAPSHOT 299
FIGURE 68 EXXON MOBIL CORPORATION: COMPANY SNAPSHOT 304
FIGURE 69 BP P.L.C.: COMPANY SNAPSHOT 307
FIGURE 70 IWATANI CORPORATION: COMPANY SNAPSHOT 311
FIGURE 71 PETRONAS NASIONAL BERHAD (PETRONAS): COMPANY SNAPSHOT 313
FIGURE 72 IBERDROLA, S.A.: COMPANY SNAPSHOT 317